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Bifacial panels add another layer of performance

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Raman Bhatia, Founder and Managing Director, Servotech Renewable Power System discusses how innovations are reshaping industrial energy with cutting-edge solar and storage solutions.

In an industry where energy costs form a significant share of operational expenses, cement manufacturers are increasingly turning to renewable solutions to stay competitive and sustainable. Servotech Renewable Power System, under the leadership of Founder and Managing Director Raman Bhatia, is pioneering advanced solar and storage technologies that not only reduce costs but also redefine how energy-intensive industries like cement operate. In this exclusive conversation, he sheds light on how Servotech’s innovations—from on-grid solar and bifacial panels to patented peak-shaving technology—are transforming industrial energy efficiency while driving progress toward decarbonisation.

How can your on-grid solar systems directly reduce energy costs in cement plants?
Our on-grid solar systems are designed to directly reduce energy costs in cement plants by offsetting a significant portion of their high electricity demand with clean, renewable power. Since cement manufacturing operates on a continuous and energy-intensive scale, drawing power directly from solar during the day helps reduce dependency on the grid, which in turn lowers electricity bills.
With Servotech’s on-grid solar solutions, plants can also take advantage of net metering, ensuring that any surplus power generated is fed back into the grid for credits, further optimising cost savings. Beyond financial benefits, these systems contribute to sustainability goals by reducing reliance on fossil fuels and lowering carbon emissions. By integrating solar into daily operations, cement plants can achieve both long-term cost efficiency and environmental responsibility without compromising their energy reliability.

What efficiency advantages do your Mono PERC or bifacial solar panels?
Our Mono PERC and bifacial solar panels are engineered to deliver high efficiency and reliability, making them especially well-suited for heavy-duty industrial rooftops. With higher energy conversion rates, Mono PERC panels maximise output even in limited rooftop space, allowing cement plants and other large industries to generate more power per square metre. This directly translates into better cost efficiency and faster return on investment.
Bifacial panels add another layer of performance by capturing sunlight from both the front and back. On reflective industrial rooftops, this can significantly boost energy generation and ensure consistent output throughout the day. Combined with Servotech’s on-grid solar solutions, these panels not only enhance overall system efficiency but also provide long-term durability in challenging industrial environments. For energy-intensive operations, this means lower energy costs, higher sustainability impact and greater resilience against fluctuating grid prices.

How does your patented peak-shaving technology enhance energy usage efficiency in energy-intensive operations?
Our patented peak-shaving technology is designed to optimise energy usage efficiency by reducing costly demand spikes that are common in energy-intensive operations. In industries like cement manufacturing, where power consumption can suddenly surge due to heavy machinery, these peaks often translate into higher demand charges on electricity bills. By intelligently managing when and how energy is drawn from the grid and dispatching battery energy storage (BESS) during peak grid usage, we ensure smoother load profiles, lower costs and mitigate tariff exposure.
When integrated with Servotech’s on-grid solar systems, the impact is even greater. Daytime solar covers base loads, while BESS charges from solar or off-peak power and discharges at peak times to avoid grid spikes and maintain stability. This coordinated control improves efficiency and power quality, reduces stress on electrical infrastructure, and delivers reliable operations with predictable energy costs, driving measurable progress toward sustainability goals.

What role do module-level monitoring and inverter tuning play in maintaining peak energy performance?
Module-level monitoring and inverter tuning play a vital role in keeping a solar system operating at peak efficiency. With module-level monitoring, we are able to see the performance of each panel in real time. This level of visibility makes it possible to quickly identify issues like shading, soiling or hardware faults before they impact the overall system. It also allows for proactive maintenance and faster troubleshooting, ensuring minimal downtime and higher long-term energy yields.
On the other hand, inverter tuning, especially through advanced Maximum Power Point Tracking, ensures that every panel produces at its highest possible efficiency. By managing differences caused by shading, ageing or panel mismatch, inverter tuning helps maximise energy output while extending system longevity. Together, these functions ensure that solar arrays continue delivering reliable performance, even as environmental and operational conditions change over time.

Can your hybrid inverters and energy storage systems support continuous power and efficiency for cement operations?
Yes, our hybrid inverters and energy storage systems are engineered to support the demanding requirements of cement operations, ensuring both continuous power and improved efficiency. Cement manufacturing is highly energy-intensive, with grinding mills and kilns requiring consistent, large-scale
power. By integrating storage with hybrid inverters, we are able to manage peak demand, reduce costly demand charges and ensure a reliable power supply for critical equipment.
Equally important, these systems enable seamless transitions between solar, battery and grid power, providing the stability and reliability that cement plants need for uninterrupted production. With advanced energy management software, we can optimise energy use in real time, balancing renewables and storage to lower costs while meeting sustainability goals. While implementation requires careful customisation and investment, the long-term benefits include lower energy costs, improved reliability and meaningful progress toward decarbonisation in one of the most energy-intensive industries.

How has the company’s transition—rebranding to Servotech Renewable Power System—furthered its mission for clean, efficient energy delivery?
Our transition to Servotech Renewable Power System Limited has been a defining step in furthering our mission of clean and efficient energy delivery. By rebranding, we have aligned our identity with our broader vision, covering solar, EV charging, energy storage and next-gen renewable technologies. This shift isn’t just a cosmetic one; it reflects who we are today and where we are headed as a company.
With a focused renewable-centric identity, we are able to communicate our value more effectively, strengthen stakeholder trust and create stronger opportunities for nationwide adoption of sustainable solutions. For us, this rebranding symbolises more than a name change, it’s about reaffirming our responsibility to build a greener tomorrow through innovation, reliability and a commitment to powering India responsibly.

Concrete

Nuvoco Vistas Reports Record Q2 EBITDA, Expands Capacity to 35 MTPA

Cement Major Nuvoco Posts Rs 3.71 bn EBITDA in Q2 FY26

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Nuvoco Vistas Corp. Ltd., one of India’s leading building materials companies, has reported its highest-ever second-quarter consolidated EBITDA of Rs 3.71 billion for Q2 FY26, reflecting an 8% year-on-year revenue growth to Rs 24.58 billion. Cement sales volume stood at 4.3 MMT during the quarter, driven by robust demand and a rising share of premium products, which reached an all-time high of 44%.

The company continued its deleveraging journey, reducing like-to-like net debt by Rs 10.09 billion year-on-year to Rs 34.92 billion. Commenting on the performance, Jayakumar Krishnaswamy, Managing Director, said, “Despite macro headwinds, disciplined execution and focus on premiumisation helped us achieve record performance. We remain confident in our structural growth trajectory.”

Nuvoco’s capacity expansion plans remain on track, with refurbishment of the Vadraj Cement facility progressing towards operationalisation by Q3 FY27. In addition, the company’s 4 MTPA phased expansion in eastern India, expected between December 2025 and March 2027, will raise its total cement capacity to 35 MTPA by FY27.

Reinforcing its sustainability credentials, Nuvoco continues to lead the sector with one of the lowest carbon emission intensities at 453.8 kg CO? per tonne of cementitious material.

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Concrete

Jindal Stainless to Invest $150 Mn in Odisha Metal Recovery Plant

New Jajpur facility to double metal recovery capacity and cut emissions

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Jindal Stainless Limited has announced an investment of $150 million to build and operate a new wet milling plant in Jajpur, Odisha, aimed at doubling its capacity to recover metal from industrial waste. The project is being developed in partnership with Harsco Environmental under a 15-year agreement.

The facility will enable the recovery of valuable metals from slag and other waste materials, significantly improving resource efficiency and reducing environmental impact. The initiative aligns with Jindal Stainless’s sustainability roadmap, which focuses on circular economy practices and low-carbon operations.

In financial year 2025, the company reduced its carbon footprint by about 14 per cent through key decarbonisation initiatives, including commissioning India’s first green hydrogen plant for stainless steel production and setting up the country’s largest captive solar energy plant within a single industrial campus in Odisha.

Shares of Jindal Stainless rose 1.8 per cent to Rs 789.4 per share following the announcement, extending a 5 per cent gain over the past month.

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Concrete

Vedanta gets CCI Approval for Rs 17,000 MnJaiprakash buyout

Acquisition marks Vedanta’s expansion into cement, real estate, and infra

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Vedanta Limited has received approval from the Competition Commission of India (CCI) to acquire Jaiprakash Associates Limited (JAL) for approximately Rs 17,000 million under the Insolvency and Bankruptcy Code (IBC) process. The move marks Vedanta’s strategic expansion beyond its core mining and metals portfolio into cement, real estate, and infrastructure sectors.

Once the flagship of the Jaypee Group, JAL has faced severe financial distress with creditors’ claims exceeding Rs 59,000 million. Vedanta emerged as the preferred bidder in a competitive auction, outbidding the Adani Group with an overall offer of Rs 17,000 million, equivalent to Rs 12,505 million in net present value terms. The payment structure involves an upfront settlement of around Rs 3,800 million, followed by annual instalments of Rs 2,500–3,000 million over five years.

The National Asset Reconstruction Company Limited (NARCL), which acquired the group’s stressed loans from a State Bank of India-led consortium, now leads the creditor committee. Lenders are expected to take a haircut of around 71 per cent based on Vedanta’s offer. Despite approvals for other bidders, Vedanta’s proposal stood out as the most viable resolution plan, paving the way for the company’s diversification into new business verticals.

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